Financial Services

The Importance of Having Cybersecurity Engineers As Compliance Readiness Vendors

The technical expertise of cybersecurity engineers during compliance readiness evaluations provides an ‘all-in-one’ solution for an effective cyber-risk management program. Engaging Cybersecurity Engineers throughout the compliance readiness process ensures the proper development and implementation of security controls to help organizations become compliant. This all-inclusive model can be leveraged to reduce the costs associated with compliance

The Impact of the Human Element on Cybersecurity Assurance in the Financial Services Industry

The Internet has revolutionized communication and streamlined business operations across several industries. Although processes and technologies have helped to improve collaboration and productivity, the world still faces the ever-changing challenges associated with cybersecurity and ‘human factors’ as it relates to the confidentiality, integrity, availability and privacy of critical business assets Technology solutions, no doubt, are

New York’s New Data Security Requirements Are Now In Effect

This is a reminder that the data security requirements set in place by New York’s SHIELD Act went into effect on March 21, 2020. If your business operates in New York or even just has access to client data based in New York, you need to be compliant. Here’s what it means for you. What’s

Four Ways An Information Security Program Can Increase Your Bottom Line

Most people may not realize it at first, but an information security program can actually increase a business’s bottom line in addition to helping mitigate cybersecurity risk Often, when business owners think about cybersecurity, they often think about hackers, phishing and ransomware. While protecting a business against all of those threats is the main benefit

What GLBA Compliance Means For Your Organization

The Gramm–Leach–Bliley Act (GLBA), also known as the Financial Services Modernization Act, is a federal law that protects consumer privacy. It governs how financial institutions collect and disclose their customers’ personal information. In this post, we’re going to discuss: Whether or not GLBA compliance is mandatory Who GLBA compliance applies to The benefits and potential

The Risk Of Having vs Not Having An IT Security Budget

Cybersecurity Awareness – By Ron Frechette, The Cyber Coach Over the past couple of years, we have seen more small-to-midsize businesses become victims of cyber-attacks than ever before. According to Verizon’s 2019 Data Breach Investigations Report, 43% of breaches in 2019 involved small businesses. The primary reason for this is that larger businesses are investing more

The California Consumer Privacy Act – What’s All the Hype?

article by: Ron Frechette, The Cyber Coach There’s been a lot of hype about the California Consumer Privacy Act (CCPA). Many of our small-midsize business clients are asking how this will affect the way they conduct business and how it will affect the future of data privacy laws at the state and federal government levels.

How Secure Is Your IT Managed Service Provider?

Cybersecurity Awareness – By Ron Frechette, The Cyber Coach I am constantly amazed by the number of small-midsize business (SMB) owners who believe their IT Managed Service Providers (MSPs) have them covered when it comes to cybersecurity and compliance responsibilities. I get it. Most business owners would assume that by outsourcing the management of their

Don’t Fall for Phishing Attacks

Cybersecurity Awareness – By Ron Frechette, The Cyber Guy Fall is here! Time to hunker down as we head into the cooler weather months and focus on our final sprint towards the holidays and end of 2017. As part of our hunkering down process, we need add the practice of cyber vigilance to the list. We have seen

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GoldSky Security is a cybersecurity advisory firm with offices in Denver, Nashville, Orlando, Phoenix, Tampa and Washington D.C. Our business model is designed to help small-midsize businesses with IT security and compliance issues. The services we provide are custom designed for the smaller business needs while still providing the protection options of large businesses and governments.